Remy Cointreau ups conversion ratio on 0.125% convertibles due 2026

By Marisa Wong

Los Angeles, Oct. 2 – Remy Cointreau SA adjusted the conversion ratio on its 0.125% convertible bonds due Sept. 7, 2026 (ISIN: FR0013200995), according to a press release.

The new conversion/exchange ratio is 1.030, increased from 1.018, effective as of Oct. 2.

The change is a result of a dividend of €3.00 per share payable from Oct. 2 to holders of record on Sept. 29.

Remy Cointreau is a Cognac, France-based alcohol manufacturer.

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